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EKA Mobility raises $57 million in Series A round to boost manufacturing

Bengaluru, Oct. 17 -- Electric vehicle (EV) manufacturer EKA Mobility has raised a $57 million Series A round led by the NIIF India-Japan Fund (IJF). The EV maker will use the capital to enhance its ... Read More


Fashion tech firms struggle for a funding fit despite AI makeover

New Delhi, Oct. 12 -- Despite early excitement, India's fashion tech sector has yet to deliver meaningful scale or investor returns. Most start-ups remain at seed stage, struggling to move beyond expe... Read More


Mint Explainer: Vibe hacking and why cybersecurity experts are worried

New Delhi, Oct. 8 -- Creating and executing cyberattacks is becoming increasingly easier. As agentic artificial intelligence gains ground in workplaces and everyday life, cybersecurity experts are war... Read More


Hospital deals: PE firms pull back on aggressive bets, eye IPO windfall instead

New Delhi, Oct. 5 -- After years of aggressive dealmaking, private equity firms have slowed their hospital investments in India, opting instead to leverage the improved financials of multi- and single... Read More


From sofas to swappable cribs: How Furlenco is reinventing furniture rentals ahead of IPO

New Delhi, Sept. 30 -- BENGALURU: Furniture rental startup Furlenco is doubling down on its premium offerings to fuel growth as it prepares for a public listing, according to company founder and chief... Read More


Wingify focuses on enterprise sales, aims for 50% revenue contribution by 2027

New Delhi, Sept. 26 -- Bootstrapped software-as-a-service (SaaS) startup Wingify is focusing on selling to enterprises and expects 50% of its revenue to come from large businesses by 2027, according t... Read More


Kedaara Capital backs AI life sciences company Axtria with $240 million

New Delhi, Sept. 23 -- Mumbai-based private equity firm Kedaara Capital has announced a $240 million investment in Axtria, an agentic artificial intelligence (AI) company that serves the global life s... Read More


Investment surge expected in India's AI sector, says WestBridge's Rishit Desai

New Delhi, Sept. 21 -- India's artificial intelligence startup ecosystem will see a lot more growth-stage funding within the next 4-12 months, according to a top executive at global investment firm We... Read More